Brazilian Port Auctions Raise Over 216 Million In A Single Day For Federal Government

Federal Government Raises Over R$ 216 Million In Total From Auctions Of 5 Port Terminals In Brazil

To conclude the Infra Week, last Friday (9), the Federal Government auctioned five port terminals in Brazil. Of these five, four are in the Port of Itaqui, Maranhão, for a 20-year lease, and one in the Port of Pelotas, Rio Grande do Sul, for 10 years. In total, the port auctions raised R$ 216 million in revenues for the federal government. The projects will represent investments of R$ 600 million during the concession contract, in total.

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The winner of the auction for three of the five port terminals in the Federal Government auctions was Santos Brasil, which manages one of the largest container terminals in Santos (SP). CMPC Celulose Riograndense won the concession for the warehouse at the Port of Pelotas (RS), with a unique bid of R$ 10 thousand.

Brazilian Port Auctions Raise Millions For The Federal Government

Santos won three areas in Itaqui during the Federal Government auctions. The company bid R$ 61.3 million on the first, IQI12, with a premium of 44.24%. In the second IQI11, it was the sole participant and made a proposal of R$ 56 million, with a premium of 15.06% in the Federal Government auctions.

The areas IQI12 and IQI13, which had a minimum value of R$1, were auctioned vocally and saw strong competition. In IQI12, the bidding was between the Aratu Chemical Terminal (Tecmar) and Santos Brasil, with initial bids of R$ 37.5 million and R$ 29 million, respectively.

IQI13 had the largest competition and featured four rounds of verbal proposals. The Aratu Chemical Terminal won one of the ports with a bid of R$59 million. In the area of the Port of Pelotas, the only participant was CMPC Celulose Riograndense, which won with a bid of R$ 10 thousand against the minimum price of R$ 1.

About Infra Week

The sale of the assets concluded a week that began with the auction to grant 22 airports to the private sector for up to 30 years, yielding around R$ 3.3 billion, and a section of the West-East Integration Railway (Fiol, in Bahia) to Bamin.

The government’s concession program has already auctioned 41 assets and contracted R$44 billion in investment and another R$ 13 billion in grants, all in just two years. For this year, the Palácio do Planalto aims to grant over 50 ventures, which would ensure more than R$ 140 billion for the sector. The Federal Government expects to end 2022 with R$ 250 billion contracted in infrastructure.